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Dec. 4, 2023, 3:40 p.m.
Western Firms Should Leave China Now
Western Firms Should Leave China Now
['China', 'Russia', 'trade', 'Western', 'more']

Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is he…

Western Firms Should Leave China Now

US companies should be seeking to move their supply chains and other business away from China - while they still have the time. Standing behind Russian President Vladimir Putin is Xi. China is apparently ready to sell Russia anything and everything it wants, including missile components. Western sanctions are far from perfect, but China greatly facilitates the flow of goods into Russia. China could put decisive pressure on Russia to withdraw from Ukraine, just as it could push Iran not to support terrorists. It is ironic and appalling that China uses Western technologies to suppress dissent, spy on Western countries, and spread disinformation. According to the US Trade Representative, American direct foreign investment in China is valued at $126 billion. Whatever happens in the next US election cycle, expect further sanctions and myriad other restrictions on trade with China.

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